Job Description
Our client is looking for Commercial Credit Underwriter
EDUCATION AND EXPERIENCE:
Bachelor’s degree in Finance, Accounting, Economics or Business Administration
Minimum 5 years of experience in business/commercial lending.
RESPONSIBILITIES:
Responsible for underwriting commercial type loans and preparing presentations
Utilize provided software/excel to score credit applications as well as create customer profile and security analysis
Compile all Compliance documents
Perform annual reviews
Provide support for business developers on new customers
Undertake the analysis, evaluation, and underwriting of proposed credit facilities for customers and prospects
Attend meetings with customers
Assess credit opportunities; identifies key risks, and structures alternatives working in a team environment
Responsible for preparing in-depth credit packages
Responsible for conducting research on borrowers and industries
Take ownership of the credit process, making decisions in the best interest of the customer and organization
\Provide support to account officers if needed
Responsible for measuring covenants put in place within loan agreements, with a clear understanding of the effect and purpose of those loan covenants, and communicates the compliance of the borrowers to the Manager Credit and Assistant Manager Credit as needed
Complete annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit approvers
Analyze more complex credits with assistance from Manager Credit
Apply experience with comparable credits to recommend appropriate covenants, terms, and conditions, and structure for a credit request
Identify policy exceptions within a credit request